1912 Eagle Point CtSouth BendIN46628
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in South Bend at 1912 Eagle Point Ct, South Bend, IN, 46628 priced at $289,000 pairs $2,362/mo rent with $601/mo cash flow after a $1,415/mo payment. Total monthly income equals $2,362/mo, and annual cash flow comes to $7,217/yr on $95,804 invested. Return on cash invested is 27.44% in year one, and rental yield stands at 9.81% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 143.13% and total cumulative return in cash reaches $137,126. For financing, Ziffy Mortgage’s DSCR program evaluates $2,362/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.25 Acres lot
$N/A/sqft
No HOA
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Listed by: Laurie Ladow • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509947
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